MHADA to Build 19,497 Homes in Maharashtra
Real Estate

MHADA to Build 19,497 Homes in Maharashtra

The Maharashtra Housing and Area Development Authority (MHADA) has announced its plan to construct 19,497 housing units across the state in the 2025-26 financial year, with an allocated budget of Rs 920.2 billion. This initiative will be carried out through MHADA’s regional boards in Mumbai, Pune, Konkan, Nashik, Amravati, Chhatrapati Sambhajinagar, and Nagpur.

Major Allocations and Projects Under the Mumbai Board, 5,199 housing units will be constructed with a financial allocation of Rs 574.9 billion. Key redevelopment projects in Mumbai include:

BDD Chawls (Worli, Naigaon, Parel) – Rs 280 billion

PMGP Colony (Jogeshwari East) – Rs 35 billion

Paridhi Khadi (Bandra West) – Rs 20.5 billion

Siddharth Nagar (Goregaon) – Rs 57.3 billion

Additionally, Rs 2 billion has been allocated for hostels in Parel’s Jijamata Nagar, Rs 5.7 billion for mill workers’ housing, and Rs 20 billion for rehabilitation projects in Sanjay Gandhi National Park, Borivali, Malvani, and other areas.

Regional Housing Plans Beyond Mumbai, MHADA’s housing expansion covers:

Konkan Board – 9,902 units (Rs 140.8 billion)

Pune Board – -1,836 units (Rs 58.5 billion)

Nagpur Board – 692 units (Rs100.9 billion)

Chhatrapati Sambhajinagar Board – 1,608 units (Rs 23.1 billion)

Nashik Board – 91 units (Rs 8.6 billion)

Amravati Board – 169 units (Rs 6.5 billion)

Infrastructure and Special Projects The Konkan Board has allocated Rs1.5 billion for healthcare and housing facilities in Thane, Rs 3 billion for a senior citizen home and working women’s hostel, and Rs11.5 billion for the PMAY (Urban) project in Gotegao.

Similarly, the Nagpur Board has earmarked Rs 37.1 billion for the Chandrapur Special Planning Authority scheme and Rs 35 billion for the Textile Park Empress Mill project.

Boost to Affordable Housing With this Rs 920 billion investment, MHADA aims to improve affordable housing access across Maharashtra. These projects, including slum redevelopment, transit housing, and special housing schemes, will significantly contribute to the state's urban infrastructure.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Maharashtra Housing and Area Development Authority (MHADA) has announced its plan to construct 19,497 housing units across the state in the 2025-26 financial year, with an allocated budget of Rs 920.2 billion. This initiative will be carried out through MHADA’s regional boards in Mumbai, Pune, Konkan, Nashik, Amravati, Chhatrapati Sambhajinagar, and Nagpur. Major Allocations and Projects Under the Mumbai Board, 5,199 housing units will be constructed with a financial allocation of Rs 574.9 billion. Key redevelopment projects in Mumbai include: BDD Chawls (Worli, Naigaon, Parel) – Rs 280 billion PMGP Colony (Jogeshwari East) – Rs 35 billion Paridhi Khadi (Bandra West) – Rs 20.5 billion Siddharth Nagar (Goregaon) – Rs 57.3 billion Additionally, Rs 2 billion has been allocated for hostels in Parel’s Jijamata Nagar, Rs 5.7 billion for mill workers’ housing, and Rs 20 billion for rehabilitation projects in Sanjay Gandhi National Park, Borivali, Malvani, and other areas. Regional Housing Plans Beyond Mumbai, MHADA’s housing expansion covers: Konkan Board – 9,902 units (Rs 140.8 billion) Pune Board – -1,836 units (Rs 58.5 billion) Nagpur Board – 692 units (Rs100.9 billion) Chhatrapati Sambhajinagar Board – 1,608 units (Rs 23.1 billion) Nashik Board – 91 units (Rs 8.6 billion) Amravati Board – 169 units (Rs 6.5 billion) Infrastructure and Special Projects The Konkan Board has allocated Rs1.5 billion for healthcare and housing facilities in Thane, Rs 3 billion for a senior citizen home and working women’s hostel, and Rs11.5 billion for the PMAY (Urban) project in Gotegao. Similarly, the Nagpur Board has earmarked Rs 37.1 billion for the Chandrapur Special Planning Authority scheme and Rs 35 billion for the Textile Park Empress Mill project. Boost to Affordable Housing With this Rs 920 billion investment, MHADA aims to improve affordable housing access across Maharashtra. These projects, including slum redevelopment, transit housing, and special housing schemes, will significantly contribute to the state's urban infrastructure.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement